Schulze Having Serious Trouble Financing Best Buy (BBY) Takeover
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Best Buy (BBY), Schulze Said to Break-Off Talks...For Now
March 1, 2013 6:54 AM ESTBest Buy (NYSE: BBY) and founder Richard Shulze might not get to the pot o' gold at the end of the rainbow after all.
According to reports out Friday, Best Buy ended discussions with Schulze over a potential deal where Schulze... More
Best Buy (BBY) Postpones Q4 Report; Will Give Schulze Feb. 28th to Respond
February 26, 2013 2:33 PM ESTBest Buy Co., Inc. (NYSE: BBY) is postponing Q4 earnings from February 28th to March 1st. The company is giving founder Richard Schulze the entire day of February 28th to reply to the company.
Shares of Best Buy are down 3 percent after announcing plans to cut 400 positions earlier.... More